2015-11-09T08:47:20-06:00 2015-06-30 043000523 O'CONNOR & DREW PC 25 BRAINTREE HILL OFFICE PARK SUITE 102 BRAINTREE MA 02184 990 2014-07-01 222678005 BRIDGEWATER STATE UNIVERSITY FOUNDATION BRID 5085312454 25 PARK TERRACE BRIDGEWATER MA 02325 BRENDA MOLIFE VP FOR UNIV ADVANCEMENT 5085315715 2015-10-29 1 DAVID A DIIULIS P00303577 6174711120 2015-10-29 2014 2016-04-25 22:37:26Z BRENDA MOLIFE 25 PARK TERRACE BRIDGEWATER MA 02325 9079953 0 X WWW.BRIDGEW.EDU X 1984 MA TO ASSIST BRIDGEWATER STATE UNIVERSITY IN ACHIEVING ITS GOAL OF EXCELLENCE IN ITS MAJOR FUNCTIONS OF TEACHING LEARNING AND RESEARCH IN THOSE EDUCATIONAL AREAS WHERE LITTLE OR NO STATE FUNDING IS AVAILABLE TO THE INSTITUTION. 29 29 0 41 0 0 1875076 4452122 0 0 150331 336378 37635 25209 2063042 4813709 1000179 1262395 0 0 0 0 0 0 93294 387461 333583 1387640 1595978 675402 3217731 30055805 32092925 292604 268633 29763201 31824292 TO ASSIST BRIDGEWATER STATE UNIVERSITY IN ACHIEVING ITS GOAL OF EXCELLENCE IN ITS MAJOR FUNCTIONS OF TEACHING LEARNING AND RESEARCH IN THOSE EDUCATIONAL AREAS WHERE LITTLE OR NO STATE FUNDING IS AVAILABLE TO THE INSTITUTION. 0 0 722039 722039 EXPENSES WERE INCURRED TO AWARD STUDENT SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO STUDENTS OF BRIDGEWATER STATE UNIVERSITY 540356 540356 GIFTS TO BRIDGEWATER STATE UNIVERSITY TO ASSIST THE UNIVERSITY IN PROMOTING AREAS OF EDUCATION AND RESEARCH WHICH DO NOT RECEIVE STATE FUNDING 1262395 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X BRENDA MOLIFE 5085312454 25 PARK TERRACE BRIDGEWATER MA 02325 X THOMAS CARON CHAIR 0.50 X X 0 0 0 F SCOTT LONGO VICE CHAIR 0.50 X X 0 0 0 JULIETTE JOHNSON SECRETARY 0.50 X X 0 0 0 RAYMOND BIGELOW TREASURER 0.50 X X 0 0 0 EUGENE DURGIN IMMEDIATE PAST CHAIR 0.50 X X 0 0 0 MARIE BARONI ALLEN DIRECTOR 0.50 X 0 0 0 KEVIN ANDREWS DIRECTOR 0.50 X 0 0 0 GEORGE CHARBONNEAU DIRECTOR 0.50 X 0 0 0 TERRY HART COGAN FORMER BOARD MEMEBER 0.50 X X 0 0 0 CHRISTOPHER COONEY DIRECTOR 0.50 X 0 0 0 JOHN B CRUZ III DIRECTOR 0.50 X 0 0 0 ADAM CUPPLES DIRECTOR 0.50 X 0 0 0 JEREMY S DAVID ESQ DIRECTOR 0.50 X 0 0 0 DAVID DEEP DIRECTOR 0.50 X 0 0 0 PHIL DESILVA DIRECTOR 0.50 X 0 0 0 JOHN HACKETT DIRECTOR 0.50 X 0 0 0 ALAN LARSON ESQ DIRECTOR 0.50 X 0 0 0 ARMAND MARCHAND DIRECTOR 0.50 X 0 0 0 DAVID MESSALINE FORMER DIRECTOR 0.50 X 0 0 0 LOUIS RICCIARDI EX-OFFICIO 0.50 X X 0 0 0 CAROL SACCHETTI DIRECTOR 0.50 X 0 0 0 DR FRANCIS SHERRY DIRECTOR 0.50 X 0 0 0 PAUL SILVIA ESQ DIRECTOR 0.50 X 0 0 0 NOBO SIRCAR DIRECTOR 0.50 X 0 0 0 JOSEPH ST LAURENT DIRECTOR 0.50 X 0 0 0 JILL SPATOLA DIRECTOR 0.50 X 0 0 0 CAROLYN TURCHON DIRECTOR 0.50 X 0 0 0 ANN ULETT DIRECTOR 0.50 X 0 0 0 DONALD VINCENT DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 70720 4381402 93600 4452122 632581 632581 3958730 4254933 -296203 -296203 -296203 36520 70720 11311 25209 25209 4813709 -296203 0 657790 540356 540356 722039 722039 13600 13600 58088 58088 55687 55687 21482 21482 7233 7233 32979 32979 25396 25396 HOSPITALITY 65625 65625 CHANGE IN SPLIT INTERES 26177 26177 EVENT EXPENSE 20436 20436 BAD DEBTS 6880 6880 1595978 1262395 240289 93294 590705 238706 880276 359825 693292 794534 501 18600 1665114 518120 1179973 1146994 26285801 28846979 425257 687287 30055805 32092925 93423 78424 199181 190209 292604 268633 X 14005150 13396619 5445348 4773024 10312703 13654649 29763201 31824292 30055805 32092925 3217731 -1156640 0 X X 0 1 X 1 0 X 1035110 3232220 1335741 1335135 4358522 11296728 32973 58752 180815 134941 1133993 1541474 1068083 3290972 1516556 1470076 5492515 12838202 12838202 581904 687594 493123 497284 632581 2892486 30009 77308 41470 33574 36520 218881 15949569 0.80490 0.74960 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING EVENTS LESS CONTRIBUTIONS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15758051 3972252 -584385 718245 18427673 13208731 788995 2447589 -691074 3810 15758051 12103288 576717 1075788 -547062 13208731 12362255 755798 -477104 -537661 12103288 11678720 416134 1625352 -443718 -914233 12362255 0.74000 0.26000 0 0 327145 327145 1281464 463499 817965 56505 54621 1884 1146994 MUTUAL FUNDS 28846979 F 28846979 ANNUITY PAYABLE 190209 190209 X 4686685 -1156640 1076393 11311 -68936 4755621 58088 58088 4813709 2625594 1076393 11311 1087704 1537890 58088 58088 1595978 PART X, LINE 2: THE FOUNDATION HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT IT MEETS THE QUALIFICATIONS TO BE CLASSIFIED AS A TAX EXEMPT ENTITY UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES, THE FOUNDATION MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES, THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES ALLOCATED TO NET INCOME FROM FUNDRAISING EVENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES ALLOCATED TO NET INCOME FROM FUNDRAISING EVENTS PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUND IS TO SUPPORT THE PROGRAMS OF THE FOUNDATION. CHAIRMAN'S DINNER 107240 70720 36520 11311 107240 70720 36520 11311 11311 25209 1 BRIDGEWATER STATE UNIVERSITY 25 PARK TERRACE BRIDGEWATER MA 02325 043010428 115 511756 28600 FMV ARTWORK SUPPORT OF THE UNIVERSITY THROUGH THE ANNUAL FUND 1 0 SCHOLARSHIPS 257 722039 FMV SCHEDULE I, PART I, LINE 2 : THE FOUNDATION ENSURES THAT GRANT RECIPIENTS ARE ELIGIBLE FOR GRANTS BASED ON A SET OF ESTABLISHED CRITERIA. THE SELECTION CRITERIA IS REVIEWED ON A PERIODIC BASIS. X 1 28600 APPRAISAL VALUE X SODEXHO CAMPUS SERVICES 1 65000 ESTIMATED FOOD/BEV V 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FOUNDATION'S EXECUTIVE DIRECTOR DETAIL REVIEWS THE 990 PRIOR TO FILING. THE 990 IS MADE AVALIABLE TO ALL BOARD MEMBERS THROUGH A SECURE INTERNET PORTAL. ONCE APPROVED, THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS ON AN ANNUAL BASIS AT THE ANNUAL MEETING. COMPLIANCE AND ENFORCEMENT IS MONITORED AT THE ANNUAL MEETING AND MANDATED BY MASSACHUSETTS LAW. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE LOCATED AT 25 PARK TERRACE BRIDGEWATER, MA 02325 AND AVAILABLE UPON REQUEST FORM 990, PART XII, SECTION A, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE WHOSE PURPOSE IS THE OVERSIGHT AND REVIEW OF THE AUDITED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. BRIDGEWATER ALUMNI ASSOCIATION 25 PARK TERRACE BRIDGEWATER MA 02325 042199546 SCHOLARSHIPS AND GRANTS MA 501(C)(3) 5 N/A 0 BRIDGEWATER STATE UNIVERSITY 25 PARK TERRACE BRIDGEWATER MA 02325 043010428 HIGHER EDUCATION MA 115 N/A N/A 0 0 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 BRIDGEWATER STATE UNIVERSITY B 540356 BRIDGEWATER STATE UNIVERSITY J 36000 RENT AMOUNT PER OLD LEASE THE BRIDGEWATER ALUMNI ASSOCIATION O 0 BRIDGEWATER STATE UNIVERSITY O 778751 ESTIMATED COST PER EMPLOYEES THE BRIDGEWATER ALUMNI ASSOCIATION N 0 BRIDGEWATER STATE UNIVERSITY N 0 BRIDGEWATER STATE UNIVERSITY M 0 THE BRIDGEWATER ALUMNI ASSOCIATION M 0 THE BRIDGEWATER ALUMNI ASSOCIATION B 0 THE BRIDGEWATER ALUMNI ASSOCIATION C 2500